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Home / Risk Glossary / Asset 4 February, 2012
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Asset (Definition)

Property (tangible or intangible) which is owned by an organization.

Assets are generally divided into three classes:

  1. Physical Assets (buildings, equipment, inventory)
  2. Fiancial Assets (cash, bank deposits, accounts receivable).
  3. Intangible Assets (reputation, brand names, etc.)

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On Eggs and Baskets
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© Albion Research Ltd. 2012